Current account Balance for CZ

Base Model

SETAR Model

## Using maximum autoregressive order for low regime: mL = 3 
## Using maximum autoregressive order for high regime: mH = 3 
## Searching on 73 possible threshold values within regimes with sufficient ( 15% ) number of observations
## Searching on  657  combinations of thresholds ( 73 ), thDelay ( 1 ), mL ( 3 ) and MM ( 3 )

## Results of the grid search for 1 threshold
##    thDelay mL mH        th pooled-AIC
## 1        0  2  3 -1.169727   462.1449
## 2        0  1  3 -1.169727   462.4262
## 3        0  2  3 -1.232575   462.9145
## 4        0  1  3 -1.232575   463.0410
## 5        0  2  3 -1.309323   463.5858
## 6        0  1  3 -1.309323   463.6949
## 7        0  3  3 -1.169727   464.1346
## 8        0  1  3 -1.415876   464.5440
## 9        0  2  3 -1.415876   464.7827
## 10       0  3  3 -1.232575   464.9005